Entry into green finance sector brings new opportunities and potential benefits but is not without challenges. It is a new line of business for most microfinance institutions which requires changes in internal operational procedures, financial products, and credit assessment methods. At this point, many microfinance institutions that are unfamiliar with the green finance methodologies perceive it as risky and difficult ...

The e-MFP Green Inclusive & Climate Smart Finance Action Group (GICSF AG), convened by the European Microfinance Platform (e-MFP), was created in 2013 with the objective of raising awareness about the challenges related to inclusive finance and the environment, enhancing the knowledge and actions of inclusive finance actors in dealing with environmental issues, and facilitating cooperation among green inclusive finance ...

The Social Innovation Tournament recognises and supports the best European social entrepreneurs. It promotes innovative ideas and rewards initiatives that contribute to creating social, ethical or environmental impact.  Typically, it covers projects in the areas of education, healthcare, the environment, circular economy, inclusion, job creation, ageing and many more. All projects compete for the General Category and Special Category 1st ...

This year’s Social Innovation Tournament will take place on 8 October, in Lisbon, Portugal. The Social Innovation Tournament recognises and supports the best European social entrepreneurs. It promotes innovative ideas and rewards initiatives that contribute to creating social, ethical or environmental impact.  Typically, it covers projects in the areas of education, healthcare, the environment, circular economy, inclusion, job creation, ageing ...

Every day in Europe, 2.8 million social economy enterprises employing some 19.1 million people are dedicated to solving societal challenges whilst running a sustainable business. All in all, this accounts for some 6.3% of the total paid workforce in Europe. Unlike traditional businesses, social enterprises create revenues and profits that are directly re-invested into up-skilling, innovative jobs and training opportunities. ...

At a ceremony held at the European Investment Bank in Luxembourg, Paulette Lenert, Luxembourg Minister for Cooperation and Humanitarian Affairs, presented the 10th European Microfinance Award to APA Insurance Ltd of Kenya. Since 2006, Luxembourg Directorate for Development Cooperation and Humanitarian Affairs, the European Microfinance Platform and the Inclusive Finance Network Luxembourg have been awarding a €100,000 prize to the ...

A webinar on Green Finance Products will take place on 14 November from 11:00-12:00 CET and will offer learnings relevant for microfinance institutions in Europe on how to promote environmentally friendly practices through offering green finance products to their clients. © RachenArt / Shutterstock This is the third session of the Green Finance at Microfinance Institutions webinar series, which aims to ...

After a successful first webinar introducing the topic of Green Finance and its relevance for microfinance institutions in Europe, a second webinar of the series will take place on 16 October. It will present learnings from a case study on greening MFIs. © RachenArt / Shutterstock This is the second session from the “Green Finance at Microfinance Institutions” webinar series, ...

Asian Credit Fund (ACF) is a microfinance organization operating in Kazakhstan. ACF provides microloans for small businesses and supports households’ development predominantly in rural areas of Kazakhstan. In 2017 ACF launched its Green Economy programme, with a focus on “clean or green technology”. As part of its support for the program, ACF increased disbursement of green lending, providing loans for ...

Microfinance & Business start-ups: Review of the current practice in Europe   Mikfrofinans Norge microfinance precedent Watch WebEx recordings. Download the WebEx player first! Presentation in PDF Implementing the European Code of Good Conduct – practitioners experience Presentation in PDF   Delivering Financial Capability: A Look at Business Approaches This webinar was organised as part of the celebrations of the ...